3.103.020 Definitions.

City Code Section

(Amended by Ordinances 188163 and 191610, effective March 1, 2024.) 

  1. As used in this Chapter:
  2. A.   “Administrative rules” means the tax exemption program administrative rules which set forth the program requirements, processes, and procedures, and are filed as Portland Policy Documents.
  3. B.  “Applicant” means the individual or entity who is either the owner or a representative of the owner who is submitting an application for the tax exemption program.
  4. C.  “Building” means a structure of multiple-unit housing that qualifies to receive the MULTE.
  5. D. “Compliance period” means:
    1. 1. Rental buildings: the 99 year time period during which the regulatory agreement applies to the building receiving the MULTE. The compliance period begins at the date that the Portland Bureau of Development Services issues the final certificate of occupancy for the building.
    2. 2. For-sale buildings: The 99 year time period during which the regulatory agreement applies to each unit with income restrictions. The compliance period begins upon the initial qualified sale from the owner to a homebuyer.
  6. E.“Inclusionary housing program” means the inclusionary housing requirements established in PCC Section 30.01.120, Chapter 33.245, and the related administrative rules.
  7. F. “Regulatory agreement” means a low-income housing assistance contract recorded between the owner and the Portland Housing Bureau stating the approval and compliance criteria of the MULTE program.
  8. G.  “Multiple-unit housing” has the meaning set forth in ORS 307.603(5).
  9. H. “Neighborhood analysis areas” means individual and or multiple census tracts within a neighborhood, as identified in administrative rule by PHB.
  10. I.  “Owner” means the individual or entity holding title to the building and is legally bound to the terms and conditions of an approved MULTE, including but not limited to any regulatory agreement and any compliance requirements under this Chapter.